ACAS KJØL OG FRYS AS: årsregnskap 2021 vs 2020
Grew 41% on revenue, weaker earnings, cash halved-plus
approved 2022-07-26; registry 2022-07-28; journal 2022 810730
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACAS KJØL OG FRYS AS. Revenue 619.3k NOK → 872.8k NOK (+40.9%). Net result +6.15m NOK → +344.4k NOK. Equity 588.6k NOK → 933.0k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACAS KJØL OG FRYS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 619.3k NOK to 872.8k NOK (+40.9% YoY). Calculated
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↑
Operating result improved
Operating result +187.3k NOK → +441.4k NOK (op. margin 30.2% → 50.6%). Calculated
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Equity strengthened
Book equity 588.6k NOK → 933.0k NOK (equity ratio 510.5% → 71.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.22× → 3.49×. Calculated
What deteriorated
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↓
Net result weakened
Net result +6.15m NOK → +344.4k NOK (net margin 992.7% → 39.5%). Calculated
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↓
Cash fell
Bank deposits 303.3k NOK → 630 NOK (-99.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 117.2k NOK → 199.3k NOK (19% → 23% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 86.0k NOK → 18.1k NOK (-79.0% YoY). Calculated